Property description
Open House Event Saturday 19th November 16.00 - 17.30 By Appointment Only.
6.5% Gross Yield, Chain Free. Arguably One of The Best C4 HMO Student Lets On The Market, A Moments Walk From The University of Portsmouth.
An incredibly rare and exciting opportunity to purchase this student property that offers four double bedrooms (master en suite) modern open plan living space incorporating the kitchen, dining room and lounge and communal bathroom.
Fully let on a 12 month AST from the 1st September 2016, the property would provide a more than healthy gross yield of 6.5% (calculated on the assumed asking price of £275,000) An ideal buy to let investment, that is all set up and ready to go.
With an increasing amount of older properties coming to the market that have minimal investment over the years, this is a great time to capitalise on the recent upgrading undertaken by the current owners and reduce your time spent on managing and maintaining your buy to let investment.
Located in a prime position for the academic, domestic and social needs for students and offers further income potential with possible garage conversion (subject to obtaining necessary permissions) to create a 5th bedroom!
The University of Portsmouth, Guildhall Walk, Isle of Wight Ferry Links and Train Stations are all but a short walk away.
This location offers access to a variety of supermarkets, shopping outlets, bars and restaurants offering great convenience and job opportunies for tenants.